Innovation - Global Manufacturing Outlook 2013 | KPMG | BE

Innovation: forging ahead

Innovation: forging ahead

Companies remain well aware of the importance of R&D and innovation in strengthening their competitive advantage. KPMG Global Manufacturing Outlook 2013 study finds that the trend towards investment in R&D continues.

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Innovation: forging ahead

“Governments across the globe are looking to partner with industry by offering R&D tax incentives that specifically promote and target innovation and growth. Over 40 countries are now offering R&D incentives that provide tax-effective options for locating and structuring R&D operations. This is a winwin situation for both the countries, who can reap substantial spin-off economic benefits, and the businesses, who can benefit from increased innovation to bolster their growth and profitability.”

- Carlo Ciaramitaro, KPMG’s Canadian and Americas R&D Tax Incentives Leader

The number of respondents who expect to invest at least 4 percent of their revenue in R&D over the next two years is 15 percentage points greater than the number who invested this over the last two years.

KPMG Global Manufacturing Outlook 2014

Key findings from KPMG Global Manufacturing Outlook 2014

 
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